Paychex, Inc issued the following announcement on Aug. 12.
To help safeguard businesses against the unforeseen costs associated with cyberattacks, Paychex, Inc., a leading provider of integrated human capital management solutions for payroll, HR, benefits, and insurance administration services, is now making cyber liability protection available to its clients through Paychex Insurance Agency and AXIS Insurance Company, a leading cybersecurity insurance carrier.* The policy helps business owners mitigate the potential financial impact of data breaches, hackers, ransomware, and online banking fraud by assisting with costs involved in the response and recovery after an attack, up to specified policy limits.
With access to 24/7 crisis management and a top cybersecurity law firm, subscribers get coverage for:
Businesses can take advantage of flexible coverage limits to secure the right policy for their unique circumstances. To learn more about protecting your business with cyber liability insurance through Paychex, visit paychex.com/business-insurance/cyber-liability-insurance.
Insurance is available through Paychex Insurance Agency, Inc., 150 Sawgrass Dr., Rochester, NY 14620. CA License #0C28207
*The AXIS policy is administered through risk purchasing group North American Data Security RPG
Paychex, Inc. (NASDAQ:PAYX) is a leading provider of integrated human capital management solutions for payroll, benefits, human resources, and insurance services. By combining its innovative software-as-a-service technology and mobility platform with dedicated, personal service, Paychex empowers small- and medium-sized business owners to focus on the growth and management of their business. Backed by more than 45 years of industry expertise, Paychex serves approximately 670,000 payroll clients as of May 31, 2019 across more than 100 locations in the U.S. and Europe, and pays one out of every 12 American private sector employees.
Original source can be found here.